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Should I refinance if I plan to sale my home a month later? My current rate is a VA 7.85%

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June 21 2013 - Oak Grove
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Profile picture for sunnyview
No. If you are planning to sell in a month, I would not refi. By the time you close the new loan you may be in escrow with a buyer. 
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June 21 2013
Profile picture for Ruslan124
No, is probably the answer. Without the full details it is just an educated guess. Closing costs in a refi can sometimes take many months to recoup from the savings in monthly payments. Sell the house as soon as you can.
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June 21 2013
 
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Should I refinance if I plan to sale my home a month later? My current rate is a VA 7.85%
Profile picture for Ruslan124
Latest answer by Ruslan124
June 21 2013 | 2 answers
  • Asked by user90636853
  • In Refinance
  • June 21 2013
Mortgage Rates
 
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